The global small/micro cap opportunity resonates with investors; and we believe Grandeur Peak is uniquely positioned for this opportunity because of our experience, process, and nimbleness.
Salt Lake City, UT (PRWEB) February 21, 2012
Grandeur Peak Global Advisors announced today that the Grandeur Peak Funds, which were launched October 17, 2011, have already surpassed $100M in assets under management.
Said Grandeur Peak CEO Robert Gardiner, “As one of the first firms to tackle small/micro cap investing on a global scale, we weren’t sure how quickly the market would appreciate our global approach. We have been pleased with the almost universally positive response we have received. The global small/micro cap opportunity resonates with investors; and we believe Grandeur Peak is uniquely positioned for this opportunity because of our experience, process, and nimbleness.”
“It takes a disciplined screening process and a tremendous personal travel commitment to sift through the 30,000+ companies that are in our consideration set globally,” added Chief Investment Officer Blake Walker. “We are finding great, relatively undiscovered companies all around the world and believe foreign micro caps are probably the single most interesting segment of the global equities landscape for the coming decade.”
The Grandeur Peak six-person research team has logged trips to Asia, Europe, South America, North America, Australia, and Africa since the firm began just last year. This winter/spring the team has trips planned to Japan, India, Indonesia, Malaysia, Taiwan, Singapore, Hong Kong, U.K., Canada, Boston, Atlanta, Chicago, Los Angeles, and South Carolina (and will likely add other trips as well). Eric Huefner, the firm’s President, said “We were very aggressive in building out our team of global analysts in order to make sure we were ready to invest globally before the inception of our funds last fall. Visiting companies is an important part of our research process, and our analysts consistently return from their visits with management teams from all around the world with great insights. Our team is off to a strong start, and it’s exhilarating to work alongside such experienced and passionate investors.”
The Grandeur Peak Global Opportunities Fund (GPGOX/GPGIX) and the Grandeur Peak International Opportunities Fund (GPIOX/GPIIX) are both co-managed by former Wasatch Funds veteran portfolio managers Robert Gardiner and Blake Walker. The Grandeur Peak Funds can be purchased directly from Grandeur Peak at http://www.GrandeurPeakGlobal.com, as well as through Schwab, Fidelity, TD Ameritrade, Vanguard, Scottrade, Pershing, and other intermediaries.
About Grandeur Peak Global Advisors:
Grandeur Peak Global Advisors is comprised of a highly seasoned and collaborative research team taking a bottom-up approach to investing using disciplined global screening, rigorous company due diligence, and close attention to valuation to find what we believe to be the best investment opportunities around the world. Our bias is towards small and micro cap companies because we believe we can find faster growth among these firms, and often at better valuations due to the lack of analyst coverage. Grandeur Peak Global Advisors, LLC is an employee-owned investment adviser headquartered in Salt Lake City, Utah and registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.
The objective of both the Grandeur Peak Global Opportunities Fund and the Grandeur Peak International Opportunities Fund is long-term growth of capital. These funds are new and have limited operating history.
RISKS: Mutual fund investing involves risks and loss of principal is possible. Investing in small and micro cap funds will be more volatile and loss of principal could be greater than investing in large cap or more diversified funds. Investing in foreign securities entails special risks, such as currency fluctuations and political uncertainties, which are described in more detail in the prospectus. Investments in emerging markets are subject to the same risks as other foreign securities and may be subject to greater risks than investments in foreign countries with more established economies and securities markets.
An investor should consider investment objectives, risks, charges, and expenses carefully before investing. To obtain a prospectus, containing this and other information, visit http://www.grandeurpeakglobal.com or call 1-855-377-PEAK (7325). Please read it carefully before investing.
Grandeur Peak Funds will deduct a 2.00% redemption proceeds fee on Fund shares held 60 days or less. For more complete information including charges, risks and expenses, read the prospectus carefully.
Wasatch Funds, Schwab, Fidelity, TD Ameritrade, Vanguard, Scottrade, and Pershing are not affiliated with Grandeur Peak Global Advisors or with ALPS Distributors, Inc.
Grandeur Peak Funds are distributed by ALPS Distributors, Inc (“ADI”). Eric Huefner is a registered representative of ADI.
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